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Israel-based startup Porticor launches this week with technology aimed at giving enterprises a way to encrypt data held in cloud computing services, including those from Amazon and Rackspace. Porticor Virtual Private Data is focused on protecting data at rest in cloud-based computing centers where customers rent disk space or servers, says Gilad Parann-Nissany, Porticor’s co-founder and CEO. What Porticor is doing that’s distinct is relying on a so-called “split-key” method in which the service to encrypt and decrypt doesn’t work unless both pieces of the key are together. The enterprise customer holds what Porticor calls the “master key,” and the idea is to foster trust by putting the customer in complete control. “We don’t have the customer master key,” says Parann-Nissany. In fact, the service provider doesn’t even see the master key in the encryption method th... (more)

Nexen Announces Solid Financial Results & Progress on Milestones

CALGARY, ALBERTA -- (Marketwire) -- 02/16/12 -- Nexen Inc. (TSX, NYSE: NXY) today reported 2011 fourth quarter and annual operating and financial results, and provided a progress update on its strategic priorities for 2012. In the fourth quarter, we generated cash flow from operations of $585 million ($1.11/share), reflecting a 12% increase in production over the third quarter to 208,000 boe/d (193,000 boe/d after royalties), and cash netbacks from oil and gas operations of $42.85/boe (after-tax). Net income was $43 million ($0.08/share), reflecting one-time, after-tax charges of... (more)

EarthLink Announces Fourth Quarter and Full Year 2011 Results

ATLANTA, Feb. 16, 2012 /PRNewswire/ -- EarthLink, Inc. (NASDAQ: ELNK) today announced financial results for its fourth quarter and full year ended December 31, 2011. Highlights for the fourth quarter include: Net income of $4.2 million or $0.04 per shareAdjusted EBITDA (a non-GAAP measure) of $81.6 million  Operating cash flow (a non-GAAP measure) of $50.6 million  Ending cash and marketable securities balance of $241.4 million "We have made significant progress in EarthLink's continuing transformation to an enterprise IT services company," said EarthLink Chairman and Chief Execu... (more)

Q&A: Porticor CEO Gilad Parann-Nissany Discusses Cloud Security and Encryption

Originally posted on thewhir.com (WEB HOST INDUSTRY REVIEW) — As security within the cloud continues to be one of the top concerns for many companies and end users, cloud-based data security provider Porticor has officially launched its Porticor Virtual Private Data System service to ensure that customers’ data stored in the cloud is fully secure. The Porticor VPD system is comprised of Porticor Virtual Appliance and the Porticor Virtual Key Management Service to deliver high level of data privacy in a public environment for data protection, as well as being compliant with regu... (more)

Wyse Accelerates Adoption of Cloud Connected Classrooms, Enables Increasingly Mobile Student Body to Learn With Any Device

SAN JOSE, CA -- (Marketwire) -- 02/16/12 -- Wyse Technology, the global leader in cloud client computing, today announced it's working with Microsoft to market school IT labs and one-to-one computing solutions that allow a cost effective delivery of innovative IT enabled education. These solutions are available through Wyse and Microsoft education channel partners to educational institutions worldwide. Among the solutions for education are: an entry level shared computing option for school computing labs combining Wyse zero clients and Microsoft Windows MultiPoint Server 2011, o... (more)